#VELA Vela Technologies PLC investee co. #MODE Mode Global Holdings PLC – Mode prepares for wind-down January 26, 2023 – Posted in: Vela Technologies Plc (VELA)

Following the announcement on 19th January 2023 that the Group has been unsuccessful in sourcing funding, the Board has made the difficult decision to initiate wind-down of customer operations for Fibermode Ltd, JGOO Ltd and Greyfoxx Ltd.  It is a challenging time in the crypto market and the Group has faced considerable headwinds along the way. The Group is looking to restructure by initiating a winding down of the customer operations of its regulated trading…

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#VELA Vela Technologies investee company #MWE MTI Wireless Edge – Interim Results August 15, 2022 – Posted in: Blog, Vela Technologies Plc (VELA)

MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to today announce its financial results for the six month period ended 30 June 2022. Financial highlights · Good revenue growth, up by 6% to US$22.7m (H1 2021: US$21.3m) · Profit from operations, up by 1% to US$2.19m (H1 2021: US$2.175m). In H1 2022 the Company incurred: o  one off acquisition costs totalling US$0.1m; and o  depreciation…

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Kavango Resources #KAV – Operations Update September 22, 2021 – Posted in: Blog

  Kavango Resources plc (LSE:KAV), the exploration company targeting the discovery of world-class mineral deposits in Botswana, is pleased to provide an operational update. Highlights Ø Recruitment of new senior commercial and exploration personnel –  Tiyapo (Tipps) Ngwisanyi is the former and founding CEO of the Government owned Botswana Geoscience Institute. Tipps has joined the Company as Managing Director of Kavango Minerals (Pty) Ltd – John Lauderdale is a Chartered Geologist and seasoned exploration professional, who has run large-scale exploration programmes…

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